Member Info for Newuncle

Just being realistic

Guys time for the bickering to stop now.

Focus is needed on how PPP comes back as a PLC.

If the CEO delivers on his suggestion that all the money issues can be resolved what will happen in terms of cash needed and how it can be raised.

I expect more shares will have to be issued at significant discount.

Let's start with say 50 million at 5p gets £2.5m

Thoughts

Evens was CEO in the company from IPO for 7 years

Silly very very silly. Tom is gone get over it

From 2017 IPO, Our CEO had no background in Oil and Gas whatsoever......why was he even appointed???

Thomas Evans, Executive Director (age 46)

Mr Evans began his career as a financial executive with Extel Financial Ltd, before moving to equity sales at Barclays de Zoete Wedd Ltd and RBC Dominion Securities Limited. He was director of CIBC World Markets Limited prior to founding Bishopsgate Capital Management Ltd in 2000, which merged with Athanor Capital Partners Ltd. As Chief Investment Officer, Mr Evans expanded the combined entities as FSA regulated permitted businesses. He also established TME Consulting and created a UCITS-compliant umbrella structure to be marketed to both retail and wholesale clients. As CEO and founder of the Caplain Group, he acquired stockbroking and wealth management entities and Aerarius PCC Ltd (Guernsey), a fund structure for European investment strategies.

Is Lunn going to be negotiating with himself???

the leases assigned under the Globalvision agreement are secured by historic corporate loans provided to the Pennpetro group and these secured debts will require renegotiation in order for any transaction to proceed further. Discussions to remedy this position are taking place.Globalvision and the Company are committed to working together to address these issues and enable the transaction to complete.

GV were meant to have taken on ALL the debts of Nobel???

We need details of the judgement, who and why, anyone got that

Anyone want find out more about this, should be interesting to see who is involved....

In the U.K., the Company has entered into settlement discussions with a major creditor. This creditor secured a judgment for approximately £500,000 including costs against the Company earlier this year.

Affrm,

EGM? Are you mad?

Let it go and wait, pointless creating even more trouble now.

No affrm,

I was being realistic and you attacked me, simple

Affrm Posted in: PPP Posts: 1,384 Price: 9.55

RE: Try and be positive28 Oct 2024 20:20

Newuncle it's clear as day you are also just a locked in trader or not invested at all regardless of what you say. Disappointing to say the least. Your agenda is clear for everyone to see.

Affrm,

Coming back 30p......you repeatedly attacked me and others like Kong for raising legit concerns....along with your telegram buddies

Shame on you and your so called "Extensive Research"...you know FA and you know you know FA

Zero credibility

Affrm,

Tom was lying over an over, even in RNS releases. He must be a very nervous man now.

I also think Tom failed to ensure the company secretary wasn't dipping into the accounts as he obviously had zero oversight of him.

Utterly disgraceful

Lunn must have been shocked at what he found out and seriously annoyed by it all.

Tom was lying about rigs on the ground since August, disgrace of a man

Lunn has laid everything out so well done to him.

Clearly Tom was utterly useless and may be liable if I read that update right. Or potentially the late company secretary too.

Tom could have provided all of the information published today so shame on him and good riddance.

We remain suspended and subject to alot of issues especially potential insolvency if cash is just not there.

Can lunn save the business? Maybe but he has a massive job now.

Casper

Very funny

Casper

Very funny

Telegram Group again....oh dear...none of them could even read company accounts for fox sake, credibility zero, tolerability of any discussion that wasn't uber positive zero, run by clueless zealots who kick anyone with reasoned argument they don't like.

Bet the next board meeting will be fun..

Chairman: (SL) are we all here then?

CEO (SL): I'm here

I wonder if SL uses a mirror in the boardroom.....

How the feck have we ended up with just

One Director running the show from New Zealand

Company Secretary is London based audit firm

Operations in Texas

Owners of operation in Madeira

JHC!